Common use of Primary, Independent Obligation Clause in Contracts

Primary, Independent Obligation. This Guarantee constitutes our primary and independent obligation to make payment to you in accordance with the terms hereof, under any and all circumstances, regardless of the validity, legality or enforceability of the Agreement and irrespective of all objections, exceptions or defences from the Borrower or third parties.

Appears in 2 contracts

Samples: Surety Pool Agreement (Lydall Inc /De/), Star Telecommunications Inc

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Primary, Independent Obligation. This Guarantee constitutes our primary and independent obligation to make payment to you in accordance with the terms hereof, under any and all circumstances, regardless of the validity, legality or enforceability of the Agreement and irrespective of all objections, exceptions or defences defenses from the Borrower or third parties.

Appears in 1 contract

Samples: Aceto Corp

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Primary, Independent Obligation. This Guarantee constitutes our primary and independent obligation to make payment to you in accordance with the terms hereof, under any and all circumstances, regardless of the validity, legality or enforceability of the Agreement and irrespective of all objections, exceptions or defences from the Borrower Customer or third parties.

Appears in 1 contract

Samples: Ipg Photonics Corp

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